ObamaCare premiums poised for another big hike
Summary
Health insurance premiums for ObamaCare are expected to rise by about 14 percent next year. This would be the second year in a row with big increases, meaning many people could pay much more for their coverage.Key Facts
- Insurers are asking for a 14 percent median increase in ObamaCare premiums.
- This is based on early submissions analyzed by KFF (Kaiser Family Foundation).
- If approved, it will be the second consecutive year with double-digit premium increases.
- Higher premiums could mean customers pay thousands of dollars more.
- The price rise affects health insurance plans under the Affordable Care Act, known as ObamaCare.
- These increases may impact many Americans relying on these insurance plans.
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